mlchild
There Are No (Absolute) Red Flags in Venture Capital
VCs are scared when they should be greedy
We are seed funded and looking to continue growing our user numbers and team, email me if you want to hear more!
Show HN: Live Trivia Competition with 150+ People in FB Messenger Bot
Show HN: Compete with Jeopardy players at massively-multiplayer trivia
Our near-term goal is to grow the pool of seekers as quickly as possible and test the viability of both approaches. Having worked on some products that people like-but-don't-love, this one is much easier to market because the users genuinely love it.
1. We make money from companies via recruiting fees. In this scenario, our goal would be to present listings that we make money from via "sponsored links" a la Google search. As we grow our pool of job-seekers, we'd concurrently be able to expand the number of companies we have recruiting agreements with, thus making our implicit incentive to be biased towards a small number of companies weaker and weaker. If we got a significant portion of all job-seekers using our service, we'd probably be able to introduce a standardized recruiting agreement that companies could sign onto online in a self-serve fashion, minimizing our need to do "on the ground" sales.
2. If that approach doesn't work, we'd hope to offer services to job-seekers that they're willing to pay for, such as resume reviews, interview coaching, and the like. There's also the possibility that we could come to some agreement with seekers for a (very small) percentage of their signing bonus/salary at a new job that we help them find. Obviously we have to provide excellent service to earn this, but that's what we aim for!
Apply HN: 925 – Job Search Assistance via Text Message (not a chatbot)
925 (text925.com) is a phone number that you can text for free assistance in your job search. A real human replies immediately and helps you find opportunities that are tailored specifically to your needs. Your assistant continues working with you until you find a job. Down the road, we plan offer more in-depth job-search assistance to candidates, including reviewing resumes, offering interview...
What's your take on the best way to make the network useful on day one for a small number of users? What are you looking for in a YC app for a social network (with or without traction)?
Fixing App Review: A Modest Proposal
Mistake One
How to Build an iPhone App That You Never Have to Open
I agree that 99% of the time instant gratification is what you want from a trivia game, but we dream of many many people playing at once, which would be pretty unique, no?
Show HN: Streak – Once-a-day trivia game, played on your lock screen
Making Money on Apps
Steal this idea
Secondly, this write up is incredibly rich and I really appreciated the chance to get so much insight into the success of the system so far. That said, I'm particularly interested in the next moves.
You note that the network effects of OpenTable for discovery are waning, thanks to Google, but I'm not sure that's the case on desktop, and even less so on mobile. The cases I experience are:
1. I know exactly where I want to eat. In this case it's almost always easier to go to OpenTable anyway, since restaurant website design is clunky and unpredictable.
2. I have a general idea, say "mid-range Cal-Ital on Thursday." Google may be superior to OpenTable on recommendations (slightly, and I think that's debatable), and it doesn't really matter if they do a better job pulling up, say, Nopa and Rich Table, since I'm not getting in anyway. OpenTable shortens the loop between idea and execution.
3. I have no idea where I want to eat, other than, "right here, right now, and good." In this case superior mobile recommendation apps carry the day, many of which I can book through, usually via OpenTable's platform. With extensions/deeplinks/etc. picking up on Android and iOS, it seems likely that this will be further entrenched.
I like the idea of more flexible and innovative reservations systems taking hold, but I'm not sure I'd discount the network effects so soon.
Finally, the kiosks in restaurants that are provided (some might say forced in) by OpenTable seem like ripe opportunity, given the horrific UI and vendor lock-in. Are you considering building an iPad/tablet app to manage your systems in-restaurant? Or is the browser interface sufficiently mobile-friendly to serve this purpose?
Thanks again for the write-up, really enjoyed the read. Looking forward to Next Chinese.